But this was in the 70's and it was a box-o-bike when he got it.
To put it in perspective, my parents built a new 2200 sq ft home in 1970....for $32,000, and the average price of a brand new car was around $3000. My aunt bought a 1972 Yamaha LS-2 100 motorcycle, brand new, for something like $600. Heck, in 1983 a new Honda XR-200R was only around $1100 and I recall a early-80's Honda CB-200 being under $800 brand new.
The VW in my avatar was my Mom's. She bought it brand new in 1964 for $1,170. It cost a little more than the others because she got the pop-out rear windows and AM/FM radio.